New Year Expenses

As new year approaches, we all make lists of necessary expenses for the coming year. Well at least I try to. We budget what is left from the Christmas bonuses. New Year expenses can include property taxes, insurance including payment to car insurance companies and life insurances, car registration, association dues and other annual fees. We don’t want to be in debt this coming year so we make sure that these expenses are already taken care of. We should also have a bit of savings for emergencies like unexpected hospitalizations and medications.

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